Question 5 (8 marks) A company, which has a tax rate of 25%, is considering investing in an extension of its main operating line, a project that would require an investment of $1.5 million and would generate the following net cash flows over the next 4 years: Year 1: Year 2: Year 3: Year 4: $500,000 $750,000 $800,000 $600,000 The expected rate of return for projects of that nature is 12%, and the company usually likes to recoup its investment within 3 years. Assess the financial viability of this investment, and justify your decision. Reminder: PV=FV / (1+r)^t